Social networks as a source of competitive advantage for the firm

Kristien Van Laere · Aimé Heene

75 citations0/0 files storedJournal of Workplace Learning

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Business Strategy and Innovation Innovation and Knowledge Management Social Capital and Networks

Abstract

Globalisation is transforming the competitive environment of small and medium‐sized firms. Because these firms are competing with their larger counterparts in an economy where collaboration is increasingly central to organisational effectiveness, one must pay more attention to the social networks that organisations rely on. This article focuses on the relational perspective and describes the characteristics of embedded relationships that firms have to pay attention to in order to survive.

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References

1991Firm Resources and Sustained Competitive Advantage 2004Firm resources and sustained competitive advantage 1985Economic Action and Social Structure: The Problem of Embeddedness 1984A resource‐based view of the firm 1980Competitive Strategy: Techniques for Analyzing Industries and Competitors 1987The Economic Institutions of Capitalism 2011External Control of Organizations: Resource Dependence Perspective 2006The Core Competence of the Corporation

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